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Reply to "Why don't most of the top LACs offer substantial merit scholarships?"
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[quote=Anonymous]Elite LACs and the top universities mentioned really shouldn't use much money for "merit" aid (I intentionally use quotes there). From an SAT/ACT (even if all required them, which they don't) and high class rank perspective, there are more than enough great students to go around for all of these schools. Filtering through to try to find real differences in "merit" gets so subjective it is silly, especially when it results in a school having to give money to someone who doesn't need it or who the school honestly can replace very easily with another terrific student. The trend in elite school circles, which I support, is for more aid to be given to students with demonstrated need (like Bloomberg's $1.8 billion for financial aid at Hopkins).[/quote]
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